Hapag-Lloyd CEO says he is optimistic about shipping development in India
FRANKFURT: German container liner Hapag-Lloyd (HLAG.DE) sees great opportunity in India where containerisation levels are still low, Chief Executive Officer, Mr. Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a
Shell to provide LNG for Hapag-Lloyd’s 23,500+ TEU newbuilds
HAMBURG : German liner major Hapag-Lloyd has signed a multi-year agreement for the supply of liquefied natural gas (LNG) with Shell Western LNG B.V (Shell). The LNG is intended for Hapag-Lloyd’s twelve ultra-large dual-fuel
TotalEnergies Marine Fuels, Hapag-Lloyd and Jurong Port Universal Terminal started first biofuel bun…
SINGAPORE : TotalEnergies Marine Fuels has successfully completed its first refueling of a Hapag-Lloyd container vessel in Singapore with sustainable, UCOME (Used Cooking Oil Methyl Ester)-based, marine biofuel. This inaugural bunker operation marks the
‘The Party is Over’ for Container Shipping : Hapag-Lloyd CEO
HAMBURG : Container freight rates will keep declining in the current realignment of shipping demand and supply, said the CEO of Germany’s liner Hapag Lloyd, the world’s number five by transport capacity. “The party is over.
Hapag-Lloyd achieves extraordinarily strong result in its anniversary year 2022
HAMBURG : On the basis of preliminary and unaudited figures, Hapag-Lloyd has concluded the 2022 financial year – in which it celebrated its 175th anniversary – with an EBITDA of USD 20.5 billion (EUR
Hapag-Lloyd acquires share in J M Baxi Ports & Logistics Limited
HAMBURG : Hapag-Lloyd signed a binding agreement under which it will acquire 35 % of J M Baxi Ports & Logistics Limited (JMBPL) from a Bain Capital Private Equity affiliate. Additionally, Hapag-Lloyd AG signed
New trade route to link Jubail Commercial Port to 6 Global Ports
RIYADH : The Saudi Ports Authority (Mawani) has revealed the addition of Jubail Commercial Port to the India Gulf Service 1 (IG1) shipping route by ocean carrier Hapag-Lloyd. The newest cargo service will contribute
Hapag-Lloyd : New container transshipment hub in the East Med
EGYPT : Hapag Lloyd‘s transshipment terminal with an annual throughput capacity of 3.3 million TEUs is under construction . A state-of-the-art transshipment terminal with an annual handling capacity of 3.3 million TEU is being